Infinite Equity Capital LLC Sells Retail Center In Antigo For $5.2 Million
449 State Highway 64
$5,200,000
$54/SF
Building Size
96,323 SF
Asset Type
Retail
Closing
Dec 9, 2025
AI
The sale of a retail asset occurred at 449 State Highway 64 in the Antigo market. The property was sold for $5,200,000 and encompasses a total square footage of 96,323. The price per square foot is calculated at $54. The retail center is fully leased and includes tenants such as TJ Maxx, Dunham’s Sports, Dollar Tree, and Shoe Sensation, all of which have demonstrated stability with over 14 years of occupancy in more than 67% of the retail space.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $5,200,000
- Address: 449 State Highway 64
- Market: Antigo
- Square Footage: 96,323
- Price per Square Foot: $54
- Seller: Infinite Equity Capital LLC
- Brokers: Rick Drogosz, Emily Gadomski, Eric Geskermann & Dan Rosenfeld - Mid-America Real Estate Group
The transaction was facilitated by Mid-America Real Estate Corp., highlighting the strategic involvement of established brokers in securing the sale of North Town Centre. The uniform occupancy levels and long-term tenant commitments emphasize the operational stability that influenced the transaction.
Players
Birnamwood Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.05%
Cash-on-Cash
-0.87%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93